Auction Information
Online Bidding Site#2605 Rietsema Auction - Live With Online Bidding
LandProz is pleased to present the Lorene Rietsema Trust Farm in Freeborn County, MN. This farmland will be offered to the public to bid their price on Wednesday February 14, 2024 at 10:00am. Live & Online bidding will be available via our website.
Online Bidding will open January 31, 2024.
Auctioneer's Comment: What an opportunity to own land in Freeborn County, MN. Land is most always a long term investment that pays you back many times. It's a real asset that produces year in and year out. Mother Earth is the heart & soul of life itself so owning land should be everyone's goal!
Please contact LandProz Broker Greg Jensen at 507-383-1067 for more information regarding this property.
TRACT 1
75.67 +/- Deeded Acres
73.37 +/- Tillable Acres
84.5 CPI
Tenant/ Possession: Free to Farm for 2024 Season
Annual Taxes: $4,786
TRACT 2
20.5 +/- Deeded Acres
18.61 +/- Tillable Acres
...
94.7 CPI
Tenant/ Possession: Free to Farm for 2024 Season
Annual Taxes: $704
TRACT 3
72.66 +/- Deeded Acres
68.68 +/- Tillable Acres
84 CPI
Tenant/ Possession: Free to Farm for 2024 Season
Annual Taxes: $1,836
TRACT 4
116.5 +/- Deeded Acres
111.82 +/- Tillable Acres
73 CPI
Tenant/ Possession: Free to Farm for 2024 Season
Annual Taxes: $2,882
TERMS
$100,000 [non-refundable] down for Tracts 1, 3 & 4 and $50,000 [non-refundable] down for Tract 2 on the day of the auction. Balance is due at closing on or before March 21st, 2024. Buyer will have possession in the Spring. Field work can start the day of the auction. There will be a 2% Buyer's Premium added to the final purchase price. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.
OWNER
Lorene Rietsema Trust
AUCTION LOCATION
Clarks Grove City Hall
101 Independence Ave, Clarks Grove, MN 56016
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